Galaxy Digital's sell-off address has cumulatively transferred 5,153 bitcoins in the past 50 minutes, with a total value of $596 million.

Among them, 3,313 bitcoins ($383 million) were clearly deposited into CEX, and USDT continues to be withdrawn from CEX; the remaining BTC has been transferred to new addresses, whose ownership is still unclear.

As of the time of writing, this sell-off address currently has only 15,902 bitcoins left.

Continue to observe; if they don't sell out, it's advisable to refrain from entering the market and to watch.